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20120927
20120927
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MSNBC
Sep 27, 2012 12:00pm EDT
here in the united states. >> yes, as i mentioned in the column, i brought a version of that chart to see paul ryan a year oro ago when hes and a me ong ane lot of journalists i spoke to him regularly about economic pr policy and said, how do you square this chart with the idea tax cuts are the most important factor in creating economic growth? you don't need a chart, think about the last 20 yrs o. h.w. bush first, then bill clinton raised taxes, all of these predictions of doom, instead we had the '90s boom and george w. bush cut taxes and there were predictions of prosperity and instead we had r anhecr.t decade since wor none of this is to say that tax cuts cause economic problems or tax increases lead to prosperity. i don't know anyone who seriously makes that argument. the question is, how important are tax cuts to economic growth? and i don't knowow you look at recent history and say that relatively modest changes in the top marginal tax rate is the main force driving the american economy. >> yet, it is the sort of magical ball, theball, once you slash taxes for top income earner
Search Results 0 to 1 of about 2 (some duplicates have been removed)